YOW buying back the ASIC shares would be an interesting turn of events. Not sure whats required to make that happen, or even if it would have any benefit? (ie. would they need shareholders approval?).
Either way, at current 8.1c and an offer of 9.2c on the table, you would have to say YOW is a good short term buy.
Ann: KBC: Bidder's Statement for YOW and Notice of Register Date, page-12
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